Running cost for the LG APHWC801D
At 1,272 kWh/yr, the LG APHWC801D's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified electric water heater.
The $239 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 15.1% above the electric water heater category average of 1,105 kWh/yr, and ranks 422 of 596 certified electric water heaters for annual running cost, 1 being cheapest. Every one of the 596 currently-certified electric water heaters feeds that average, putting this model about $31/year over it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among electric water heaters, one step cheaper is Navien NWP500S080AUMB ($238/yr, 1,265 kWh/yr), and one step pricier is LG APHWC801L ($239/yr, 1,272 kWh/yr).
Within the LG lineup
LG makes 14 ENERGY STAR certified electric water heaters; this one ranks 12 of 14 for running cost, between the brand's cheapest, the R5TT20F-SA0 (208V) at $163/yr, and its priciest, the APHWC801M at $239/yr.
What this adds up to over time
Over the 11-year service life NAHB reports for this category, running the LG APHWC801D costs roughly $2,630 in electricity, separate from the purchase price.
Shopping for a new one
The LG APHWC801D runs above its category average. If the electric water heater you actually own is older still, likely well past ENERGY STAR's efficiency baseline when it was made, a current certified model could cost meaningfully less than this model's $239/year every year.
Compare current ENERGY STAR certified electric water heaters before buying.
Protecting what you have
The LG APHWC801D already costs $239/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
The data behind this page
Nothing here is estimated from a nameplate wattage; the 1,272 kWh/yr is ENERGY STAR's own certified figure for this model. The full Electric Water Heater category page shows all 596 electric water heaters ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.